Ituran Location and Control Ltd (NAS:ITRN)
$ 27.73 -0.07 (-0.25%) Market Cap: 551.65 Mil Enterprise Value: 493.05 Mil PE Ratio: 10.87 PB Ratio: 3.14 GF Score: 90/100
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Q1 2022 Ituran Location and Control Ltd Earnings Call Transcript

May 24, 2022 / 02:00PM GMT
Release Date Price: $23.59 (+0.51%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Ituran First 2022 Results Conference Call. (Operator Instructions)

As a reminder, this conference is being recorded. You should have all received by now the company's press release. If you have not received it, please contact Ituran's Investor Relations team at GK Investor and Public Relations at 1 (212) 378-8040 or view it in the News section of the company's website, www.ituran.co.il.

I will now hand over the call to Mr. Kenny Green of GK Investor Relations. Mr. Green, would you like to begin?

Kenny Green

Thank you. Good day to all of you and welcome to Ituran's conference call to discuss the first quarter 2022 results. I'd like to thank Ituran's management for hosting this conference call.

With me today on the line are Mr. Eyal Sheratzky, CEO; Mr. Udi Mizrahi, Deputy CEO and VP Finance; and Mr. Eli Kamer, CFO of Ituran.

Eyal will begin with a summary of the quarter's results, followed by Eli with a

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